Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52239
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,846,941
Award facts
- Contract value 100% obligated
- $4,846,941.22 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 331410 Nonferrous Metal (except Aluminum) Smelting and Refining
- PSC
- 9660 Precious Metals Primary Forms
- Set-aside
- No set-aside
- Competition
- Full and Open Competition Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Great Britain, United Kingdom
Award details come from SAM.gov/FPDS.
About this award
This federal contract award is for the delivery of raw gold bullion to the United States Mint, a civilian agency within the U.S. government. The prime contractor, Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, has been awarded this $4,846,941.22 firm fixed price delivery order contract. The contract has an ultimate completion date of January 18, 2024 and was awarded on January 9, 2024.
Stonex Financial LTD appears to hold two significant indefinite delivery vehicle (IDV) contracts with the United States Mint, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion supply. The agency routinely issues firm fixed price delivery orders to Stonex Financial LTD under these IDVs, typically valued between $10 million and $16 million each. This contracting approach allows the United States Mint to maintain a steady and reliable supply of precious metals from an international source to support the agency's ongoing coin and medal production operations. The contract does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG24F52239?
2031JG24F52239 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on January 9, 2024.
How much is contract 2031JG24F52239 worth?
The government has obligated $4,846,941 on 2031JG24F52239.
Is contract 2031JG24F52239 an order under another contract?
Yes. 2031JG24F52239 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG24F52239 competed?
The extent of competition for 2031JG24F52239 was full and open competition.
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